Comment by tim333

11 days ago

It's actually remained about 14% or more above the IPO price which is roughly what you'd want but gone up and down a bit.

It's funny with stock prices - they all go up and down a bit in kind of random ways but people project all sorts of stories onto them that often don't relate much to reality.

It peaked at around +60% from IPO price and swung daily around 10-15%. It’s possible it’s starting to stabilize but that first week was basically the definition of volatile.